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tv   Cavuto  FOX Business  November 11, 2014 8:00pm-9:01pm EST

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>> it's going to be very difficult because you have to prove that there's actually that causation, that money was moved -- lou: thank you both. appreciate it. we're out of time. thank you for being with us. stay tuned for cavuto. neil: tonight on cavuto, republicans just might be able to repeal obamacare after all. i'm serious. because this thing is flatlining and fast. enrollment numbers that are falling short and the architect admitting the holding was kind of a facade. republicans say they have a shot. sticking a is a ring in this law once and for all. if you think the government screwed occupy health care, wait until you hear how the president wants in on policing the internet. then add targeting to the growing list of turkeys ruining our thanksgiving. why a market hitting record highs could be reason enough for you to just stay put. a record setting cavuto
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starts right now. (?) welcome, everybody. i'm neil cavuto. we told you when they're cooking this health care law up, if it sounds too good to be true, it probably is. now we know the guy behind it knew it too, the stupidity of the american voter would help pass it. jonathan admitting on tape what many of us knew at the time that the numbers didn't add up, but hoping the whole darn thing was so complicated, no one would get around to figuring that out. we have. the latest disappointment numbers prove it to the world. government officials estimating between nine and 9.9 million number of americans will enroll in health insurance plans through those affordable health care exchanges by the end of next year. that's way off the 13 million estimate and apparently continues limping on in future years. tax credits not as many
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for the first time buyers and if the supreme court rules against these credits, obamacare becomes a chief issue at the high court. maybe not any at all. add that to young people. million more americans discovering their own premiums continue to skyrocket. it's pretty clear obamacare's advantages are not quite what the doctor ordered. that's assuming you're lucky enough to keep your doctor. republicans want do repeal obamacare might have a shot against that. it's true. there are so many nervous democrats who weren't up for election this year and has seen what happened to health care law supporters who were that they could very much be wooed to join a coalition of the health care unwilling. perhaps forming the extra dozen votes or so that republicans would need not just to get rid of unpopular features in the law, but maybe, just maybe, the health care law itself. it is a stretch, but republicans are beginning to think maybe
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not much of it. to rich edson on how fast the health care law could be unraveling. >> neil, republican aides bills chipping away at obamacare is the first piece of legislation they'll try to send next year. it increased in the full time workweek from 30 to 40 years. it requires every american to have health insurance. beyond that senior republicans say they doubt they can move much through congress to get rid of obamacare. that could change in the next few years especially when some of the law's safeguards designed to prevent a spike in insurance rates expire. >> when 2017 rolls around, they won't be protected by these provisions. the taxpayer won't be bailing them out. rates will go through the roof, unless the administration is lucky and they pick up, say, 11 or 12 million people. this time and a few more million, the year after
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that. >> democrats in the white house contend the law's fundamentals are working and without obamacare premiums would increase even faster. supreme court is likely the best shot to dismantle the law. they will hear a challenge arguing that obamacare's subsidies are illegally done so. charles: that's the key underpinning of this. did the administration know we would have these problems all along? listen to what the key architect jonathan gruber was saying about the law just last year. >> lack of trandz pennsylvania is a huge political advantage. basically, the stupidity of the american voter or whatever, basically that was really, really critical to get it. and it's the second best argument. i wish they were right. we could make this transparent, but i'd rather have this law than not. neil: the end justifies the means. craig smith said businesses did too.
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we all lost on that. explain, my friend. >> rich edson showed it in his report. we went from a 40 hour week to a 30 hour week. all kinds of businesses hiring on hold because they didn't know what obamacare would mean to them. a perfect example, neil, is a personal one. we've had three different health care plans at my company in the last four years. people forget that the american people stupidity wasn't played upon here, neil. we were lied to. i mean, we can say it was duping and playing politics. we were lied to. you had the senate on christmas eve pass this thing by using reconciliation. cramped it down our throats with pelosi in march of 2010. three days later was signed by the president. june 2010, we saw the supreme court say it was a tax, not a penalty. how many of the people would have voted for it if it had been a tax? then guess what, next
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thing you know we have obamacare and rates are going up. we had a 34 percent increase in our rates in our company in the last two years, and our deductible went from 2,000 to 5,000. this bill is going to fall apart on its own. the math doesn't make any sense. mit should be calling for gruber's resignation. a prestigious firm like mit to have a man say that publicly, he doesn't know basic arithmetic or he's a bull faced liar. neil: he definitely knows arithmetic. i'm wondering if part of the problem is something rich edson alluded to that they will sell the fact that the ends justify the means. premiums would be rising a lot faster, which i find tough to fathom, if we didn't have this law. what do you make of that? >> but rick's interview showed that.
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in 2017, how ironic is this, in mary's state of louisiana, a 27-year-old will have 107 percent increase in their premium come 2017. now, how many young people are going to want for carry the weight of this plan that is clearly designed to fail. they don't want it to fail. neil: do you think it's too far along the tracks to send it back to the station. the argument you get from those who support it is is that it's too entangled in our system to untangle. >> i don't think it is. think about the exemptions. a lot of the things haven't kicked in. a lot of the mandates haven't kicked in. no news stories about people not paying the fines or not doing this. he keeps putting this off. this is the lawlessness of this administration. no, i think the republicans have a great opportunity to accomplish two things: either to repeal or to
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substantially change this law, while at the same time politically reaching out to the youth of america saying, look at the bill of goods that you were sold. this past administration, the progressive obama administration wants you to take all the burdens of the 17 trillion-dollar bet. debt. all the burdens on your generation. i think this is an opportunity o of a lifetime for the republicans politically and a chance for us to get medical coverage right in america, neil. neil: perfectly put. craig smith. now, you're beginning to understand that why some republicans, not all by any means, they think we have a chance at repealing the health care law. not because with their senate majority they'll have close to the numbers, but they're increasingly convinced they'll be able to woo a dozen or so democrats to their side. there might be a method to their madness, if it's not so mad.
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to la nor ahawkins. tracy byrnes. tracy, i can see a reagan type coalition in reverse with southern democrats, this one would involve moderate democrats on the hill who would go along with republicans on backing away from this. what do you think? >> i guess. but what do republicans have to offer? where are you putting these 10 million people on the plan. they can't just go back into the system. the republicans need to start selling their version of this. fine, you want do repeal this, i get it. we'll get behind you. right now there's nothing. neil: they did have half a dozen plans on the table, but they felt it never went past harry reid's desk. that won't be an issue. but to tracy's point, they have to pick one of those plans to go with. >> because i have one car going off a cliff very, very fast, i have to pick one of the other five cars going slower on of that cliff. how about republicans
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talk about principles. why are they opposed to this? not because it is obamacare. it a one-size-fits-all solution that flies into the face of everything we know. neil: that's all well and good, but you have 10 million in this already. (?) >> it's not that we have to have -- it's a false set of options to say either i use obamacare or have one other sort of universal health care, and those are my on me two choices. that's not true. neil: 10 million might be dislocated for a little while better than that then the rest in. >> you have to diagnosis the problem correctly. the problem is not that we don't have enough insurance. we're mixing insurance with health care. the problem is health care is too expensive. >> the democrats from obama did well in this last election, you can see that coalition. that didn't work. i don't think they'll turncoat on obama with this. neil: whether they even voted. >> it's weaker than its ever been.
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because of a legal loophole. these governors, there's a loophole these states run by governors do not have to maybe take the handouts that come with the plan. without that, the whole thing kind of crumbles. it's as if some states don't tonches payroll tax. neil: are you surprised this is crumbling so fast? >> yes. there's no way they will go back to what we used have. there's no way we'll all go back play your blue cross and blue shield like you used to. otherwise the republicans don't have a case. many people will say exactly what groupers said, this crap is better than no crap at this point. neil: where do you see this going? >> well, the ends justifies the means, that's been tried time and time again and we've how that works out with policies -- >> the voters want something. >> what we had before was terrible, you're right. we've taken what we've had before and we went further with it. you're completely right. we can't go back to what
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we had before. >> you have someone with a preexisting condition, they're not going back without picturing someplace. it's not -- you have to have a plan to transition out of this. that was the way things were. neil: the means by which we pay for this are evaporating. it could the tax credit thing. it could be all these other things. knicks the credit tax. they have to find a way to do do something to provide for those with preexisting conditions. (?) >> it's got a lot of circular part. any one part missing, it has the potential to unravel because it needs pieces in place to pay for other pieces. it needs i couldn't even people in it. >> you can't rely on the youth. that's just unfair to them to carry this burden. it has to be a shared package deal here. neil: they're not taking the burden. >> they're not.
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neil: they're not idiots. >> then you're back to square one, no one is paying. neil: in the meantime, do any of you remember this. obama: i very much appreciated mcconnell's words about the prospect of working together. what i'd like to do is hear from republicans to found out what it is they would like to see happen. i am open to working with them. reach out to republicans. make sure that i'm listening to them. let's get started on those things where we agree. neil: you know that wasn't even a week ago and the judge already says the president has broken his promise. is that just the judge being a hater. after this.
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obama: h use a computer, phone or tablet. internet providers have a legal obligation not to block or limit your access to a website. there are no gatekeepers
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deciding which sites you get to access. no toll roads on the information superhighway. neil: seeing as it worked like a charm on health care, the president is trying to make the government the ultimate regulator of the internet. not in so many words. he doesn't like this so-called not so neutral push on net neutrality. >> they would call it net neutrality. it's anything, but neutral. the first thing the government wants to do is regulate the cost of the internet by allocating the cost to servers rather than having the free market allocating the costs which has worked -- the next step would be to regulate content. neil: you would be against utility commissions and electric. >> you can't get this out of congress. he'll use the federal communications commission.
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the federal communication commission can only regulate what congress authorized it to regulate. it doesn't regulate cable tv and it doesn't regulate the internet. they will have to aggregate themselves to regulate the internet. the computer people will challenge it. neil: you're putting yourself on the side of the comcast cable divisions and some guys who definitely have their own interests in mind a lot of times. >> i would rather be on their side than the side of the people who gave us obamacare. the free market is what created the internet. if some giant, if google decides to be anticonsumer which would be insane because the consumers have made google, another internet giant will be there to provide the services for people like you and me and everyone watching this now use on a daily basis. the president doesn't understand that. neil: what are you afraid it leads to, judge? talk of an internet tax -- >> i have three fears. one, the government
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regulating something that has been nearly perfectly free, always makes it unfree. and instead of making the decisions made by you and me and people who use it. it will be made by bureaucrats. two, whenever government regulates something, it costs more, three, if they regulate the cost, they'll regulate the content. they already regulate the content of regular broadcast television. in theory, in return for fox, the fox five fox, receiving its license from the fcc it has agreed not to say certain things and to say certain things. who the heck wants dozen the internet become that? neil: very good point. he's on the side of corporate fat cats. >> are you a corporate fat cat. neil: i am, in fact. anyway, #cavuto. tell me what you think if the internet should be regulated in any way, shape, or form. with this move, you are
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now officially a turkey, target.
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neil: all right. add targeting to the growing list of retailers now targeting turkey day.
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it's opening its stores thanksgiving day this year at 6:00 p.m. two hours earlier than last year because customers have apparently been classrooming foclamoring for it. joining macy's, sears, toys r us to the black friday rush. back with our all-stars. tracy, i just think we bypassed thanksgiving. >> target is starting monday with some online black friday sales. this monday. they want you to go out and shop. they're going to throw stuff out there. neil: what are door busters. >> really, really cheap things for really short periods of time. neil: understood. >> it's just a matter of time before we start serving the turkey at target. neil: walmart has the place with the big old hot dog approximately get your turkey here. this should be right up your ally because you're so cheap.
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>> free turkey and free gopro camera at your table. i think the consumers already reached the point of saturation. they're just competing with each other with online merchants at this point. they've got our business online. they'll all be open 24/7 at some point. that will be that. neil: buy, buy, buy. what do you think? >> i'm an old-fashioned girl. i miss having my turkey day, put my feet up, and watch a football game. neil: you can, but everyone will be going to the mall. >> doesn't it tell you a lot about what's going on in our society? we're a consumption based society. we have a government that keeps telling us that wealth is generated by spending money. that's how we measure it in this country. neil: you brought this back to barack obama. touche. >> maybe it's not so bad. there was a lot of people, they eat early, they're lonely. i don't know.
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neil: j.c. penney is opening at 5:00 p.m. what time are you having turkey. >> the lasagna hits the table at 3:30 i'm not going anywhere. maybe it won't be that way in other households. >> my wife went vegetarian. neil: does she do the thing where she does the turkey in the shape of tofu. it screams i miss turkey. right? >> she doesn't do the fake turkey loaf. neil: yeah. >> no it doesn't. i feel bad for the workers. what about the workers of amazon. amazon shuts down the warehouse on thanksgiving. they're just as poorly off as the target workers. neil: i'm sure they have holiday pay. this is the way of the world. i think you're right. my only issue is this, halloween is one thing, that has its own little
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cottage industry around the candy, turkey, i don't know what they can market. puritan outfits, but completely bypassed. >> just about love. >> thanksgiving in the name. >> love of pumpkin pie. neil: all right, guys. i don't know, but, i mean, it's just a matter of time they're all open 24/7. if that's what you want, america, enjoy it. meanwhile, the mullet my 80s hit is going viral shortly after yesterday's show. some viewers actually requesting whether it's authentic. it is. it is to hav
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neil: and what is the deal with this war on thanksgiving? it true. forget the war on christmas. with all these ridiculous early retail sales, sirius xm launching two holiday channels 24/7. to me, i think it's weak. i don't mind stores getting decked out
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early, but bypassing halloween and -- judy, you're so right about christmas coming early. i have to first buy my turkey. yikes, isn't thanksgiving that big meal to get you pumped up for black friday. why are we talking about christmas? i have no idea, you wrote me. tommy, please don't tell me you buy this paraannoyed christmas hysteria i know for or five christians who love christmas. my point wasn't -- all in the name of the almighty dollar not the almighty himself. don't get out of joint with me. henry, tonight's show on opening holidays should include demand all the top executives at these companies must work an eight-hour shift at the registers just like the employees are expected to. let them leave their afternoon dinners and go to work. that depends if they like their families. they haven't figured out how to commercialize
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thanksgiving outside of food. what is there to buy. pilgrim hats maybe? stores keep opening earlier and earlier on thanksgiving before long it will be black thursday of thanksgiving. sooner and sooner. ford, sorry, neil we already have our lights outside and the tree up and decorated. what is the deal with the free world getting snubbed in china? well, not exactly, but close. an insult to injury, the president has to dress up in those silly outfits. what is up with the phony president in the doctor evil suit over in china? did he defect or what? god, i hope so. that's just me. neil, i'm with you better to be snubbed by these leaders than embraced so i give the president a pass. as do i. let's say the same does not apply to me with a lot of you who hurt my feelings with stuff like this. i'll get to that first. to the guy it bothers
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more than me. travis in oklahoma. neil, what a bunch of haters. i'm a big fan and appreciate your rational, reasonable opinions and insight. thanks for the reality check it's always welcome. i do what i can travis. you better talk to steve in new york city. you are the most self-absorbed anchor on fox and that is saying a lot. and your hair looks like a lego clip-on. well, apparently this hair issue is a big theme with a lot of you. me thinks there are angry people. especially after seeing this picture of me from the 1980s. neil, your wife made the right choice. what a hunk. she was standing in a very short line. that picture is not for real, neil. no fooling me. talk about the picture saying 1,000 words. this one speaks volumes. maria, you've improved with age, what were you thinking back then? photoshop. joyce, i like your hair better now.
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tom, did neil and rosy o'donald have a love child? part fon glee, part joan jet. germany, it is photo shopped look at the left side of his head, it doesn't match his hair color. (?) guys, it really was photo shopped. all right. take a chill pill. pam, neil, i never knew how much i liked you until i saw this funny side of you. hilarious, how, pam? like a clown? do i amuse you. good, thanks for watching. you won't find bill o'reilly doing this kind of email unless it's promoting a book. a joke. meanwhile, over the hillary why rand paul's latest attack on hillary has more than just women crying foul. for me, this was over the top.
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>> i'm maria, the banks once again in focus with new rules on capital, and, of course, republicans taking both
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houses. i'll talk about all that with wells fargo ceo. tomorrow on fox business. neil: all right. did rand paul just step in it in a bad way hinting that hillary clinton may be too old to run for president. he told politico, it is a taxing undertaking to go through. it's a rigorous physical ideal to be able to campaign for the presidency. if hillary wins the presidency, she will be 69 on inauguration on inauguration day. the same age as ronald reagan. the senator never said this stuff about him, so why her? >> i'm speechless. what has happened in politics in america when this is how we discuss these issues. you're old, you're fat, you're stupid. come on. there's so much material out there. neil: my email every day. >> his father would have been 77 if he was elected.
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neil: his father was 77 when he was running. >> right. john mccain was 72. no one said a word about that. if we're going to play the fat card, why aren't we talking about chris christie again. >> no one is talking about mccain being too old. >> hillary what, because she's a woman? neil: he deferented himself from the chris christie. he never told anyone to shut up, but i think this puts him kind of in the gutter, whether that was his intention or not whether it was a reference of whether she was up to the job. >> it might work unfortunately. neil: with whom? >> women live two years longer. they should get a two-year pass with reagan because they live two years longer. this was to mccain from obama big time. subtle words. neil: it was. >> confused. that is a word you describe the elderly. oh, we can't elect him, he'll croak and we'll
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have palin in the white house. that kept coming up. neil: it doesn't make it right. but the other side has done this. >> i don't know. i just think that, again, his father was on that time. so you're basically saying your dad wouldn't be up to it. neil: let me switch it around. i don't mean to be sexist. if he was trying to reach out to women, don't you think that boomerangs. >> gutter. >> why do we have to go there? we critiqued reagan. neil: i just raised a point because what he's inferring there is sexist. >> what he said was horrible. maybe he didn't have his wheaties, maybe every place get enough sleep, but why do we have to go there and say she's because a woman. no, we've done plenty of this age crap on people who were men. neil: you're right about that.
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i think she has proven whatever you think of hillary clinton as the head of the state department, travel the world, i think she's visited more countries than any other secretary of state. it's not whether she's physically up to the job. she did the job. you can question how she did the job. but where does this job. >> it only matters if you're up to the job mentally at the end of the day. some are active until 90. some have problems at 60. unfortunately there is a stereotype in america that women don't age as gracefully as men. neil: you're digging deep. >> people believe that. look at advertisements -- >> bring some roses home tonight. >> you can't turn this on me. >> bring two b bouquets home. neil: might as well stay in the city tonight because it's not happening any time soon. >> keep digging.
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neil: honey, you look absolutely fetching. anyway, it is one thing when the government goes after big banks for doing business with our enemies quite another when our vets do. this day of all days? they got in trouble. the lawyer leading the vet's charge is next your 16-year-old daughter
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to learn about our whole range of life event discounts. newlywed discount. new college graduate and retiree discounts. you could even get a discount when you add a car. call liberty mutual for a free quote today at see car insurance in a whole new light. liberty mutual insurance. neil: more than 200 veterans this special day want to know why six international banks got more than a little cozy with iran. i'm talking very cozy. they're suing bar clays, standard charter, among others accusing them of helping iran giving millions of groups that targeted us soldiers. one of the plaintiffs kelly whose husband was killed in iraq joining us as well. kelly, as i go to you
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first, as someone who lost a husband in iraq and now wondering whether bank money was involved financing the folks who did it, how do you feel. >> it's a little frustrating. it's not something you really think about when stuff like that happens. it's probably happening in a lot of places though. neil: the banks are saying they had no way to follow the money trail. you're saying it has since been proven that the trail led to them funding and knowing they were funding bad guys. >> these guys were stripping the documents in order to avoid detection -- they were stripping, transferring funds into the united states through the us system in order to clear the funds in us dollars. in order to do that, they were stripping documents so that there was no evidence that the funds were originating from iran.
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neil: they're laundering money. >> exactly what they were doing. the banks in this case except, of course, the iranian case that's the defendant, but the other five banks, all entered into deferred prosecution agreements with the government and agreed and admitted they had done exactly what we're claiming they had done. neil: when you hear that, kelliy, what do you think? >> it's frustrating, that's the people that were funding these things, and it's hard for me to hear knowing they were the ones that helped them do it. neil: what's amazing, kelly, the sums weren't gargantuan, these institutions were making a lot of money hand over fist anyway. when you hear did as well, it's a good amount of money, but compared to the billions they've collectively made and the revenues that stream in, they didn't need to do this. they didn't need to do it at all. what do you think of
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that? >> i -- you know, it's probably not something that we would ever think about. i don't know why they would do it. i can't answer that. but it's hard for me to look at a bank and say, if they didn't know where every penny that their money was going, then that can't be the case. they had to know where it was going. neil: early on, you think they did know where it was going. this was the argument about nazi money that had passed through in switzerland. and the authorities said we had no idea. it is part of a pat tern that we've seen in generations. >> these banks knew exactly what they were doing. they may come forward and tell you, we didn't understand that the money was actually being used to buy bombs and bullets, but these people were deliberate and indifferent to exactly what was going on. they knew that it was
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illegal. they knew exactly what they were doing was illegal in the united states of america. to avoid detection of the transfer of iranian funds. and they knew that these people were terrorists. and they were providing material support in direct violation of the antiterrorist statute. neil: do we know the overall amount. >> it's in the billions. neil: over how many years. >> from the beginning of the iraq war, yes, and since. neil: well, as you know, kelly, it's been more than a dozen years, and i'm wondering, as you look back and remember your husband and many people are coming back and questioning whether we should have been in iraq at all, in afghanistan at all, president bush today was looking back on that question on this, same thing at a conference in college station, texas, where he said it was worth what we did and it was worth the statement we made and the world is without saddam hussein. the bank issue notwithstanding, do you feel that your husband's
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life was lost in a good cause? >> i can't say whether it was -- it made a difference. i don't know what it fixed, but i know that he signed up to be in the army, and that's where they sent him and he was happy to do his job. neil: and he did that very bravely. kelly, i want to thank you. ted, i want to thank you. keep on top of this, and remind me how it's moving along. very, very sad. in the meantime, do you see this huge thing? i mean, it is big. i'm talking a couple of football fields big. it's the place where some of the government's biggest secrets were first hatched. now, it's google's and no one knows what they're up to just they spend a billion dollars to rent this thing for years. and we have our suspicions maybe we have some answers after this
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neil: in tonight's biz blitz, google the new nasa, you have to wonder. the tech giant paying over a billion dollars to lease, just to lease this nasa air base for things like robots, planes, space exploration. god knows what. back with all-stars. gentlemen, what the heck is going on here. >> i think they park their corporate jets now here. neil: that could hold 15c5a's. >> they're all scheming like that. neil: i saw the empire strikes back. >> i like. they're going to do real
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cool stuff with robots in space. a lot of private companies in that area. are they going to commercialize it? search on like the spaceships and stuff? during the launch, they'll be broadcasting. neil: very secretive. remember they did the san francisco bar. >> at least somebody is doing it. kennedy said -- kennedy said we should be vacationing on mars by now. neil: he did not say that. >> it was close to something like that. neil: by now we'll be vacationing on mars. there's no way -- this is darth vaderish to me. >> at least corporate america is doing it. >> i'd rather have them doing it than have my taxes go to do it. maybe we could be vacationing on mars i'm not sure i want to pay for the effort to do that. when you look at what's happening in the stock market, the stock going up and up and we're claiming or at least the fed is telling us that's actual wealth creation. i'm sorry, that's not
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wealth creation. neil: for the people who own them, it is. >> it's not wealth for the society. it's false wealth. this is creating a new currency. this currency is being used in ways i'm not so sure these are good investments. neil: you like what google is doing even though we don't know what they're doing. better google than the us government. >> yeah, any day. >> sure, you guys -- they can build an undersea city, and she would be like yeah, great idea. neil: hello. okay. all right. no desert for you this thanksgiving. southwest airlines announcing its adding more seats to its flights next year with plans to boost its capacity by 6 percent. they're not making the planes bigger. they're shoving more seats in there. if you look like these guys, that's fine.
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i'm telling you, that's going to be a tight flight. >> where will they put these seats? they will sell the toilet as a seat. they're going to have to. [laughter] there's no more room. no, it's not fun now even for people -- normal sized people it's not fun. neil: we're not too far away from a standing only plane where you walk in like cattle. >> like the bus and subway. >> i think they had them in europe for a while. you know, luv or southwest is a strange airline. they have a little capacity to give away. they've got more leg room than a lot of other carriers, but they don't sell extra leg room in the front. neil: they're going to have to sell legs. >> people have this whole strategy, not to have someone sit next to you. look bigger than you are. don't shower. neil: i can pull that off. >> we can shave 6 percent of these seats. neil: just sneezing a lot. >> on the plus side
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though, you can get from a to b for $99, $69. yeah, it sucks. my legs don't fit. i have to sit in some terrible unlady like positions to get myself in a southwest seat. >> people go for women on the planes. >> i am a magnet. >> don't fly southwest as an attractive woman. it's like bein in a aa bar. >> i have the whole row to myself. neil: i'm not sitting next to that guy. >> with his crazy dog. neil: you can come to my house for thanksgiving. you're not going to be celebrating at yours. the s&p hopefully up this year. they seem to be hitting records every day. oil is low. eighty bucks a barrel. perfect. right. fed stimulus. gogod the midterms, all
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good things. >> things couldn't get better. stocks are great, but investors are realizing there isn't going to be this crazy inflation that we were worried about. commodity is stupid. low interest rates may be here for decades. we need to adjust our valuation -- interest rates skyrocket -- neil: you could have argued that for a long time -- it's been climbing a wall of worry and rates can't stay low this long. >> something big has changed. we had the major central banks around the world operating in harmony. everyone was doing their version of qe. we have policy divergence. you have the dollar skyrocketing in strength. a little bit of correction. i wouldn't be surprised to see the dollar skyrocket more. dollars come flooding back into the u.s. things could get pretty tough.
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neil: so when you say tough, what do you mean? >> when all that money comes back to the u.s. in some ways that's good for us, except the dollar deappreciates in value. exactly. and it makes -- >> we're the united states of america, we should i have a strong dollar. this is where we want our currency to be. just to help multi nationals, that notion, is crazy. it slow and steady until the end of the year. i think we will get adjusted to this. the market will adjust. it's a a new norm. good place to be. i actually think you'll be okay. you didn't have the wicked selloff that everybody thought you would have. i think you have to be in this market. it's poised to go up. neil: any final words? try to save your marriage? >> interest rates better stay low. neil: guys, thank you all very much. keep the emails coming. thanks for watching. again, we like to think of ourselves as sort of the tonic for same old
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business news and apparently it's clicking with all of you. why should we act like the smartest kids in the class? i know i wasn't. why fake it. lot more on this and so much more tomorrow. kennedy: tonight, are vets heroes or victims, and will you

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